Xin Jing Bao·2025-09-26 03:53Core Insights - Geely and Mercedes-Benz have achieved indirect cooperation through Qianli Technology, with Mercedes investing approximately 1.342 billion yuan for a 3% stake in the company [1][2] - The collaboration aims to enhance Mercedes' localization and technological development in the Chinese market, while also strengthening Qianli Technology's competitive edge in the intelligent driving sector [1][4] Company Overview - Qianli Technology, formerly known as Lifan, transitioned from motorcycle manufacturing to automotive production and underwent restructuring in 2021, with Geely becoming a significant shareholder [3] - The largest shareholder of Qianli Technology is Chongqing Manjianghong Private Equity Investment Fund, with Geely indirectly holding a substantial stake through its investment arm [3] Business Development - Mercedes Digital, a wholly-owned subsidiary of Mercedes-Benz (China) Investment Co., focuses on various sectors including autonomous driving and has been recognized as a foreign R&D center in Shanghai [2] - The collaboration reflects a shift in the automotive industry from mere market partnerships to deeper technological and capital cooperation, integrating global resources into China's smart electric vehicle industry [2][4] Strategic Implications - The investment by Mercedes serves as an endorsement of Qianli Zhijia, Geely's unified intelligent driving platform, potentially increasing its valuation and market influence [4] - Qianli Zhijia is positioned as a core technology platform within Geely's ecosystem, indicating a strategic move towards independent development in intelligent driving solutions [3][4]